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    Salt Lake City Flex Building Title is generated by Realmo AI

    950 W 2100 S, Salt Lake City, UT

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    Flex building for sale with high visibility and clean shop.

    Type:FLEX_R_AND_D
    Property size:
    11,735 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $195/SF
    Added:
    Apr 9, 2025
    Days on Market:
    432
    Last Refresh:
    May 20 at 8:15 pm

    Property Features for 950 W 2100 S

    General Information

    Standard status
    Active
    Size
    11,735 SF
    Lot size
    0.45 Acres
    Property subtype
    FLEX_R_AND_D

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    Listing Contact
    Dan Bertelson

    Listing agent Dan Bertelson License #UT 6081089-SA00

    Listing office NAI Excel

    Listing date Apr 9, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Excel

    HighLights

    • High traffic thoroughfare location with excellent signage and visibility, including a large lit pole sign.
    • Concrete tilt‑up construction with full HVAC.
    • Six automatic overhead doors (four 12’ X 12’, two 12’ X 14’).
    • 208/230 3 phase power.
    • Five bays currently built out, each with 50 amp service.
    • Four bathrooms, two with showers.

    Overview

    This flex building, constructed with concrete tilt-up, offers an opportunity for owner-occupancy or investment. The building features full HVAC, including four roof-mounted evaporative coolers over the warehouse. It benefits from excellent signage and visibility, enhanced by a large, lit pole sign. Located on a high-traffic thoroughfare, the property includes 208/230 3-phase power and six automatic overhead doors: four measuring 12' x 12' and two measuring 12' x 14'. The warehouse provides an approximate clear height of 14'. Five bays are currently built out, each equipped with 50 amp service. The building contains four bathrooms, two of which include showers, and a floor drain facilitates easy shop clean-out. An oil waste burner with a 300-gallon capacity is installed. The roof is insulated. Constructed in 1978, the shop space is maintained in very clean condition. The property is located in Salt Lake City, UT.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $211.2k $18.00
    − Vacancy −$12.7k −$1.08
    EGI $198.6k $16.92
    − OpEx −$69.5k −$5.92
    NOI $129.1k $11.00
    11,735 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $129,062 @ 7.0% cap · market cap 5.61%
    Second Best
    Warehouse
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,865 @ 7.0% cap · market cap 4.21%
    Theoretical Best
    Office A
    $3.16M
    $2.77M – $3.69M (±1% cap)
    NOI $221,310 @ 7.0% cap · market cap 9.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    PIRTEK General Contractor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.831
    Latitude
    40.7481

    FAQs

    What type of property is this?
    Flex space - Flex building for sale with high visibility and clean shop.
    Where is this flex space located?
    The property is located at 950 W 2100 S Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: High traffic thoroughfare location with **excellent signage and visibility, including a large lit pole sign.**; Concrete tilt‑up construction with full HVAC.; Six automatic overhead doors (four 12’ X 12’, two 12’ X 14’).
    (435) 628-1609 Call to check price and availability
    More about this property
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